Why Finisar Shares Rose 40% Last Month [The Motley Fool]
FINISAR (FNSR)
Last finisar earnings: 9/4 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.finisar.com
Company Research
Source: The Motley Fool
The optical components maker is merging with a sector peer. Anders Bylund ( TMFZahrim ) Dec 10, 2018 at 9:03PM What happened Shares of Finisar ( NASDAQ:FNSR ) gained 39.9% in November of 2018, according to data from S&P Global Market Intelligence . The maker of optical communications components accepted a buyout offer from sector peer II-VI ( NASDAQ:IIVI ) , priced 38% above the stock's value at the time. So what II-VI is picking up Finisar for $15.60 per share in cash plus 0.2218 II-VI shares per Finisar stub, structuring the deal at roughly 13% stock and 87% cash payments at the share prices of November 9. Finisar shareholders will end up owning roughly 31% of the combined entity, and II-VI CEO Vincent Mattera is expected to lead the company. Assuming that all shareholder votes and regulatory approvals work out as planned, the de
Show less
Read more
Impact Snapshot
Event Time:
FNSR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FNSR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FNSR alerts
High impacting FINISAR news events
Weekly update
A roundup of the hottest topics